September 2 2022 🕓 3 min
USD/JPY trades at 24-year highs
Today's US labor market data will surely cause some large volatility.
Tag: trading
August 31 2022 🕓 3 min
DAX falls after EU inflation data
Sentiment remains bearish and rallies are sold, likely pushing the DAX index further lower in the coming days.
August 30 2022 🕓 3 min
S&P 500 defends 4,000 USD, sentiment improves
A short-term corrective rally could occur in the markets, but the fundamental situation favors selling any rallies in stocks.
August 29 2022 🕓 3 min
EUR/USD remains below parity after Jackson Hole Symposium
The Fed's Powell reiterated that the Fed would continue to raise borrowing costs & that the central bank has no intention of switching to a more dovish policy.
August 25 2022 🕓 3 min
SP500 jumps ahead of Powell’s speech
This week will provide investors with more insight into the Federal Reserve's plans for interest rate hikes, with Chairman Powell's speech at the Jackson Hole.
August 24 2022 🕓 3 min
GBP/USD tags stop losses below 1.18, then reverses
It looks like the bears will have to wait as the technical situation in GBP/USD favours a tiny relief rally.
August 23 2022 🕓 3 min
USDJPY jumps to cycle highs
The USD has been trending higher recently as the Fed's next steps are being judged by investors.
August 19 2022 🕓 3 min
GBP/USD falls to 1-month low as USD strengthens
This week, the Pound has been under pressure as investors continue to fret about the incoming recession in the UK economy.
August 18 2022 🕓 3 min
AUD/USD ticks higher after labor data
This morning, the Australian dollar traded higher after data showed that the Australian labor market deteriorated.
August 9 2022 🕓 3 min
Dollar index consolidates ahead of inflation data
This week will be dominated by inflation data from the US, with the CPI expected to decline from 9.1% in July to 8.7%.
August 8 2022 🕓 3 min
AUD/USD erases Friday’s losses
The USD has lost ground on Monday, losing all the gains scored on Friday as investors don't expect the Fed to remain ultra-hawkish.
August 5 2022 🕓 3 min
USD/CAD eyes 1.29 ahead of labor market combo
Volatility will certainly be elevated today as both the US and Canada will publish their jobs market numbers.